Although pumped hydroelectric storage makes up most of the total electricity storage capacity in the United States, nonhydro storage has doubled in electric power sector capacity from 160 megawatts (MW) to nearly 350 MW over the past five years. …read…
Month: April 2015 (page 3)
Financial hedging helps some producers mitigate effect of falling oil prices
The decline in crude oil prices since last summer has had a direct impact on oil producers’ sales revenue, but hedging strategies have lessened the effects of lower prices on some producers’ total revenue. Oil producers who adopt hedging strategies…
Updated geologic maps provide greater detail for Marcellus formation
Natural gas production from the Marcellus shale formation in the Appalachian basin increased to 14.4 Bcf/d in January 2015, accounting for more than 36% of shale gas production and more than 18% of total dry natural gas production in the…
